PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Commerce, Consumer Protection and Competitiveness.
Congressional Research Service
Version 00 · Introduced in House · Sep 23, 1994
Encourages and authorizes the States to study and adopt interstate insurance regulatory compacts to address regulatory issues, including the regulation of alien insurers and reinsurers, insurer solvency, rehabilitation and liquidation, guaranty fund protection, and insurance agent licensing. Declares that the States which have a majority of property and liability insurance premiums paid in the United States should adopt an interstate compact relating to the certification of alien insurers and reinsurers within two years of this Act's enactment. Requires such compact to establish minimum standards for alien insurers and reinsurers to be certified to do business within such States within three years. Sets forth reporting requirements.
People & committees
Rep. McMillan, J. Alex [R-NC-9] · R–NC
Legislative record
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Referred to the Subcommittee on Commerce, Consumer Protection and Competitiveness.
Referred to the House Committee on Judiciary.
Referred to the House Committee on Energy and Commerce.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 5, 2024. Consult Congress.gov for the current record.
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Analyze H.J.Res.414 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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